Jobless growth: appropriability, factor substitution, and unemployment
A central determinant of the political economy of capital-labor relations is tha appropriability of specific quasi-rents. This paper is concerned with the general-equilibrium interaction of appropriability and characteristics of technology - nam ely, the embodiment of technology in capital and capital-labor substitutability in the technological menu.
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Volume (Year): 48 (1998)
Issue (Month): 1 (June)
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References listed on IDEAS
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- David T. Coe & Dennis J. Snower, 1997.
"Policy Complementarities: The Case for Fundamental Labor Market Reform,"
IMF Staff Papers,
Palgrave Macmillan, vol. 44(1), pages 1-35, March.
- David Coe & Dennis Snower, 1996. "Policy Complementarities: The Case for Fundamental Labor Market Reform," Archive Discussion Papers 9625, Birkbeck, Department of Economics, Mathematics & Statistics.
- Dennis J. Snower & David T. Coe, 1996. "Policy Complementarities; The Case for Fundamental Labor Market Reform," IMF Working Papers 96/93, International Monetary Fund.
- Coe, David T & Snower, Dennis J., 1997. "Policy Complementarities: The Case for Fundamental Labour Market Reform," CEPR Discussion Papers 1585, C.E.P.R. Discussion Papers.
- Lazear, Edward P, 1990. "Job Security Provisions and Employment," The Quarterly Journal of Economics, MIT Press, vol. 105(3), pages 699-726, August.
- Wolff, Edward N, 1996. "The Productivity Slowdown: The Culprit at Last? Follow-Up on Hulten and Wolff," American Economic Review, American Economic Association, vol. 86(5), pages 1239-52, December.
- Dale T. Mortensen, 1978. "Specific Capital and Labor Turnover," Bell Journal of Economics, The RAND Corporation, vol. 9(2), pages 572-586, Autumn.
- Mark Keese & Gérard Salou & Pete Richardson, 1991. "The Measurement of Output and Factors of Production for the Business Sector in OECD Countries (The OECD Business Sector Database)," OECD Economics Department Working Papers 99, OECD Publishing.
- Emerson, Michael, 1988. "Regulation or deregulation of the labour market : Policy regimes for the recruitment and dismissal of employees in the industrialised countries," European Economic Review, Elsevier, vol. 32(4), pages 775-817, April.
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